From Blockchain to Plastic: A Look at Cryptocurrency Payment Cards

Fiat-on and -off ramps play a crucial role in the cryptocurrency universe. The most common avenue for obtaining and dispensing digital assets is conversion to and from fiat currencies on centralized exchanges. However, for many, the complete pipeline going from on-exchange assets to ready-to-spend fiat is still a drawn-out process.

A survey by BitPay and PYMNTS found that 60% of Americans who have interacted with cryptocurrencies would be interested in using them for consumer purchases. With 16% of Americans trading, investing, or holding cryptocurrency, these surveys indicated there is a sizeable demand for cryptocurrency payment systems in day-to-day life.